What is the deal with this company? It is largest percentage inrease/decrease both ways but mostly decreases. There is no news, no earnings announcement. I can't figure out how to play it although surely there is a way to work this to my benefit. Any ideas out there?
ARL, TCI, & IOT file their 10K forms on March 31 each year. Why should this year be any different?
The big items to look for are the 3 subsidiaries of TCI which filed for bankruptcy. Since projects are financed and structured as stand alone entities, it is likely none of these is material. Yes, some potential upside is removed, but the properties have been underwater for a while.